Golden Finance reported that as the U.S. Securities and Exchange Commission (SEC) shifts to a new regulatory approach for digital assets, the DeFi Education Fund and Andreessen Horowitz have proposed a safe harbor for certain applications. This venture capital firm and DeFi advocacy organization sent a letter on Wednesday to SEC Commissioner Hester Peirce, urging the establishment of safe harbor rules to clarify the brokerage rules for blockchain applications like Uniswap, Coinbase Wallet, and OpenSea. The DeFi Education Fund and a16z stated that during the previous administration, the SEC took concrete enforcement actions, indicating that the agency suggested these applications needed to register as brokers. The SEC had previously charged Coinbase Wallet with acting as a broker without registration, but the court later dismissed the charge. The SEC had also previously notified Uniswap Labs and OpenSea that they were under investigation, but those notices were later withdrawn.

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